Actuarial Services Should Not be a Black Box.
We open the black box to explain how the DB or CB plan can be used to meet business objectives.
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Nashville 4.01k Race for Financial Fitness
At the recent NAPA industry conference, Northwest Plan Services helped sponsor the Nashville 4.01k Race for Financial Fitness.
Read MoreRevenue Sharing – The Horse and Buggy of the Retirement Plan
A free 401(k) plan? Sure, provided there is revenue sharing.
Read MoreFidelity Channels Their Inner Frank Zappa
Should you really have to pay extra to have a certain fund family available in your 401(k) plan menu?
Read MoreWhat to Watch for on the Fiduciary Channel in 2018
What short term effects will the Fiduciary Rule have on the retirement industry?
Read MoreMEPs & PEPs – Getting to Know You!
The history, structure, current status and growth potential of open MEPs and PEPs are expertly dissected in a recent Pete Swisher article in Plan Consultant magazine. Legislation to allow some form of the open multiple employer plan (MEP) is very likely to pass sooner rather than later, so it behooves all advisors and consultants to
Read MoreFees: Not the What, but the How.
To be sure, fees are one of the most ubiquitous topics in the retirement plan industry today. Googling some variation of “401(k)” and “fees” yields anywhere from 700,000 to over 10 million hits. How to allocate those fees, is not as common, but it is an important issue. There is no ERISA statute governing how
Read MoreNorthwest Plan Services (Parent Company to CDM) Ranks #1
PLANSPONSOR Magazine publishes a much anticipated industry survey each year listing the top retirement plan recordkeepers in a number of different categories. This year, Northwest Plan Services (parent company to CDM Retirement Consultants) was honored to be named the fastest growing national recordkeeper in terms of assets under administration (AUM) with an increase of 59.6% from
Read MoreOf Lawsuits and Share Classes
T. Rowe Price has become the latest target in a lawsuit accusation of self-dealing. A former employee has accused the Maryland based money manager of offering expensive, retail share classes to their 401(k) participant/employees when other, less expensive share classes existed. These higher cost funds caused participants to pay over $27 million more in fees
Read MoreFinancial Wellness Meets 401(k)
Financial Wellness is one of the most pervasive topics in the retirement industry today. The reality is that many employees may not be able take full advantage of their retirement plan due to other demands on the paycheck. More broadly, financially stressed workers are not good for business. Recordkeepers and third party service providers have
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